QEM: Management Science Introduction. Preliminary Program DateTopic 07.03.2011Intro, Location Problems 21.03.2011Configuration: Assembly line balancing.

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QEM: Management Science Introduction

Preliminary Program DateTopic Intro, Location Problems Configuration: Assembly line balancing Transportation problems, Aggregate planning PPS, MPS MRP, lotsizing Production control, scheduling Exam QEM - Chapter 12 (c) Prof. Richard F. Hartl

Decision Levels Strategic issues: long run, top management, poor data, highly stochastic (e.g. which markets, location, etc.) Tactical issues: medium run, intermediate management, better data, less stochastic (e.g. configuration, capacity expansion, …) Operational issues: short run, lower management, detailed data available, little stochastics (e.g. production progran, MRP, lotsizing, scheduling, …) QEM - Chapter 13 (c) Prof. Richard F. Hartl